Airbnb (ABNB): Are Hotels A Thing Of The Past?

Airbnb's (ABNB) earnings will be released tomorrow, postmarket. Alex Coffey and Jenny Horn discuss ABNB ahead of earnings. They talk about ABNB's earnings estimates which came in at $0.27 in EPS and $1.87B in revenue. They note that shares are up 34% this year. They then go over how ABNB could do to hotels what Uber (UBER) did to taxis. Alex then demonstrates an example trade using ABNB. The trade type is sell put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.